Lockheed Martin’s
board of directors today declared a regular quarterly dividend on
the Corporation’s common stock of 12 cents per share.

The dividend is payable September 30, 2003 to holders of record on
September 2, 2003.

Headquartered in Bethesda, Maryland, Lockheed Martin employs about 125,000
people worldwide and is principally engaged in the research, design,
development, manufacture and integration of advanced technology systems,
products and services. The corporation reported 2002 sales of $26.6 billion.

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